Standard Life Aberdeen plc increased its stake in shares of Nasdaq Inc (NASDAQ:NDAQ) by 0.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 300,587 shares of the financial services provider’s stock after purchasing an additional 1,835 shares during the period. Standard Life Aberdeen plc owned approximately 0.18% of Nasdaq worth $25,790,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in NDAQ. First Hawaiian Bank acquired a new stake in shares of Nasdaq during the third quarter worth $101,000. Legacy Advisors LLC acquired a new stake in shares of Nasdaq during the third quarter worth $116,000. Cornerstone Wealth Management LLC acquired a new stake in shares of Nasdaq during the second quarter worth $122,000. Piedmont Investment Advisors LLC acquired a new stake in shares of Nasdaq during the second quarter worth $125,000. Finally, Synovus Financial Corp grew its stake in shares of Nasdaq by 5,285.7% during the third quarter. Synovus Financial Corp now owns 1,885 shares of the financial services provider’s stock worth $162,000 after purchasing an additional 1,850 shares during the period. 75.53% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have issued reports on the company. Rosenblatt Securities assumed coverage on Nasdaq in a research note on Wednesday, September 5th. They issued a “neutral” rating and a $99.00 target price for the company. ValuEngine raised Nasdaq from a “hold” rating to a “buy” rating in a research note on Friday, October 26th. BidaskClub raised Nasdaq from a “hold” rating to a “buy” rating in a research note on Thursday, November 1st. Zacks Investment Research raised Nasdaq from a “sell” rating to a “hold” rating in a research note on Thursday, October 11th. Finally, Citigroup decreased their target price on Nasdaq from $93.00 to $88.00 and set a “neutral” rating for the company in a research note on Thursday, October 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. Nasdaq presently has a consensus rating of “Hold” and an average target price of $96.79.

In other news, insider Ann M. Dennison sold 1,553 shares of the business’s stock in a transaction dated Monday, October 29th. The stock was sold at an average price of $83.67, for a total value of $129,939.51. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lars Wedenborn sold 2,500 shares of the business’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $89.94, for a total value of $224,850.00. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.

NASDAQ:NDAQ opened at $90.40 on Wednesday. Nasdaq Inc has a 1 year low of $72.98 and a 1 year high of $96.84. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $14.97 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 2.03 and a beta of 0.50.

Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings results on Wednesday, October 24th. The financial services provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.01. The company had revenue of $600.00 million for the quarter, compared to analyst estimates of $605.67 million. Nasdaq had a return on equity of 13.69% and a net margin of 17.95%. The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 earnings per share. As a group, equities research analysts anticipate that Nasdaq Inc will post 4.77 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 14th will be issued a $0.44 dividend. The ex-dividend date is Thursday, December 13th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.95%. Nasdaq’s dividend payout ratio (DPR) is 43.35%.

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Nasdaq Profile

Nasdaq, Inc provides trading, clearing, marketplace technology, regulatory, securities listing, information, and public and private company services worldwide. The company's Market Services segment offers equity derivative trading and clearing; cash equity trading; fixed income and commodities trading and clearing; and trade management services.

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Institutional Ownership by Quarter for Nasdaq (NASDAQ:NDAQ)

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